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Report – Ashley Still Committed To The Saudi-Backed Takeover



Yesterday, former Roma owner James Pallotta made some intriguing comments about his pursuit of a new club. The American businessman sold his stake in Roma last summer and admitted that owning a Premier League club interests him.

He actually referenced Newcastle by name as the type of club he’d like to pursue, one with a rich history and great fanbase. He also jokingly said he’d already put in an offer for Newcastle before quickly making it clear he was kidding.

However, Pallotta’s statement does little but increase speculation about Newcastle’s future, especially while our Premier League status remains uncertain. While Ashley is still reportedly desperate to sell Newcastle, it appears he’s only focused on one deal at the moment.

The Northern Echo is reporting that Ashley has all of his eggs in the Saudi takeover basket. He remains fully committed to resurrecting the deal he agreed upon this time last year.

As Ashley sees it, he’s agreed to this deal and it should have been signed off by the Premier League. For reasons that reek of politics, the Premier League slow-rolled their owners’ and directors’ tests while asserting that the Saudi state must provide paperwork as an entity of the consortium.

That is where the standstill remains with Ashley pursuing legal options to get the takeover back on track. However, at this point, it seems unlikely but I’m primarily taking that approach to shield against further bitter disappointment.

The reason why this consortium – which consists of the Saudi PIF, Amanda Staveley’s PCP Partners, and the Reuben Brothers- remains so enticing to Mike Ashley is simply that they have the funds to meet his asking price.

After the first attempt by Amanda Staveley, Peter Kenyon and GACP Sports, Henry Mauriss, and BZG among others, Mike Ashley has found the group that can meet his demands. He seems bound and determined to fight for this takeover until all potential avenues are exhausted.


320 comments so far

  • ilovetoon8788

    Apr 6, 2021 at 2:15 PM

    Comment #1

    There’s no takeover. Until we knkw which division we’ll be playing in next season.

    0
  • Tackle from behind

    Apr 6, 2021 at 2:19 PM

    Comment #2

    Kets

    Schar is out for the rest of the season realistically.

    He is hopeful to get back in time for the last few games, but that is just talk to try and keep his place for the summer Euros tournament with Switzerland.

    1
  • G

    Apr 6, 2021 at 2:23 PM

    Comment #3

    Saudi backed takeover? I watched the documentary ‘The Dissadent’ the other day. Not sure I want the Suadi’s anywhere near our club any more. You can only blame certain things on ‘cultural differences’ so far?

    7
  • Jail for Ashley

    Apr 6, 2021 at 2:26 PM

    Comment #4

    G,
    A bit of a can of worms there mind. I’m not going to watch it.

    1
  • toon22

    Apr 6, 2021 at 2:27 PM

    Comment #5

    Who do you think he will pretend to sell us to next time?

    15
  • Tackle from behind

    Apr 6, 2021 at 2:30 PM

    Comment #6

    G

    The Dissident a US propaganda film.

    Now balance it out by watching Lawrence of Arabia

    19
  • Bills Son Is Back

    Apr 6, 2021 at 2:31 PM

    Comment #7

    If we play 3 at the back we have to play Dummett IMO on the left for two reasons;

    1. He is the only one of Lascelles, Clark, Krafth or Fede with pace and you need that in a 3 especially if you get hit on the break.

    2. If Ritchie stays at LWB and we play Clark on the left of a back 3 that is a recipe for disaster against pace down that flank – any half decent manager will target attacking down that side.

    We don’t have the same problem down the other side with Murphy’s pace at RWB especially as Fede’s positional play is better than Clark’s.

    So, for me, it’s Dummy everytime on the left of a 3.

    16
  • Jail for Ashley

    Apr 6, 2021 at 2:31 PM

    Comment #8

    I don’t think he can pretend anymore, maybe he’s banking on half capacity stadiums to cover the fact that would be a full house. Looks like he’s going to be dealt another trump card.

    1
  • kimbo

    Apr 6, 2021 at 2:31 PM

    Comment #9

    G
    We can say similar things about Russian, Chinese and American owners so where do you draw the line.
    Without new owners the club is finished so do you turn a blind eye?

    20
  • Tackle from behind

    Apr 6, 2021 at 2:32 PM

    Comment #10

    LOL

    I was searching for some news on anything new on the takeover, I spotted a headline and clicked the link.

    It brought me back here.

    LOL – I couldn’t make it up – wet shreddies thumb thing.

    2
  • Jail for Ashley

    Apr 6, 2021 at 2:34 PM

    Comment #11

    Any decent run team would have a specialist LWB and RWB rather than use a 30 year old right winger.

    1
  • Ketsbaia9

    Apr 6, 2021 at 2:34 PM

    Comment #12

    I think we need 43 points to stay up, so we need 4 more wins and 2 draws. I think we’ll beat Burnley. We need Fernandez and Schar back asap. Team to start the next match:

    Darlow

    Manquillo Fernandez Lascelles Ritchie

    Murphy Willock Shelvey Saint-Maximin

    Almiron

    Joelinton

    Subs

    Dubravka
    Clark
    Dummett
    Matty Longstaff
    Fraser
    Wilson
    Carroll
    Gayle

    0
  • Just a Fat Dave Bassett

    Apr 6, 2021 at 2:35 PM

    Comment #13

    This was a very intelligent compromise. Bruce’s IQ must be about 90 at best. He’s never shown a single sign of intelligence in his life. Why would he have thought of that suddenly?

    3
  • Ketsbaia9

    Apr 6, 2021 at 2:36 PM

    Comment #14

    We need Schar in the team against Fulham away. He can score goals from anywhere.

    0
  • Ketsbaia9

    Apr 6, 2021 at 2:37 PM

    Comment #15

    Thauvin back on a free would be a great signing.

    0
  • Tackle from behind

    Apr 6, 2021 at 2:38 PM

    Comment #16

    Kets

    Take your meds man, it’s happening again.

    15
  • Ketsbaia9

    Apr 6, 2021 at 2:39 PM

    Comment #17

    Can see Bruce signing Thauvin and playing him at right back.

    1
  • G

    Apr 6, 2021 at 2:39 PM

    Comment #18

    Look, not saying I don’t want a takeover, just after watching that documentary MBS does not come out smelling of roses. Very far from it. Yes, you could aruge that every nationality has is share of historical issues, with us Brits being in amongst the worst offenders according to every other nationality on earth!

    7
  • Adamn_92

    Apr 6, 2021 at 2:43 PM

    Comment #19

    Bills,

    I think i’d actually opt for Dummett in the center and Lascelles in the left center position. Lascelles is surprisingly fast, I can’t remember what poster it was (apologies) but someone on here earlier today even said they had no idea how fast Lascelles was after seeing him run back on Sunday. Also Hayden a couple of years ago talked about how Lascelles was in the top 3 fastest players at the club, which obviously included Dummett at the time. I think he takes a while to get up to speed but that makes him faster over a further distance which would be better against a counter attack or break. Dummett has seemed solid when playing center back previously and always seems to get into the right position to win important headers so would feel more than comfortable with him in the center. He doesn’t offer much in terms of forward play either so we wouldn’t lose out by pushing him further in the middle.

    2
  • Pottsclock

    Apr 6, 2021 at 2:44 PM

    Comment #20

    TfB – thanks for the link earlier…will read through. That’s exactly what I wanted to do – see how intense we were vs other teams. I actually think that the squad is quite unfit and it is a major problem. There are several players who take their fitness extremely seriously – Miggy, Murphy, Wilson, for example, but not convinced that everyone has the necessary fitness for us to really press hard. I also suspect that Joelinton actually covers a lot more ground than most think.

    5
  • lochinvar

    Apr 6, 2021 at 2:45 PM

    Comment #21

    Aaah , the takeover’s still alive then.
    Just heard the postie at the door, must be the ST renewal letter then

    7
  • carltoon

    Apr 6, 2021 at 2:46 PM

    Comment #22

    Me, I watched a clip of Lascelles, getting back to defend, and he ran half the length of the pitch, and new he had pace, but surprised me that he was that fast.

    3
  • Adamn_92

    Apr 6, 2021 at 2:46 PM

    Comment #23

    In a weird way I think a Saudi led consortium owning us would actually be a good thing (not just for us), it would mean they would be further under the microscope and have to step in line more. I’m sure the league would look for any excuse to rip them of ownership. The whole world would be watching more than ever and any slip ups would be immediately pounced upon. Owning us would mean they’d have to clean up their act somewhat.

    9
  • Adamn_92

    Apr 6, 2021 at 2:47 PM

    Comment #24

    Ah yes it was you Carltoon, apologies for not remembering 🙂

    0
  • Ketsbaia9

    Apr 6, 2021 at 2:48 PM

    Comment #25

    Got to get Krafth out of the team. Probably the worst right back at the club since Danny Simpson. Cost us three points on Sunday with that dreadful error. Could have been 5 points clear with a game in hand.

    1
  • Ketsbaia9

    Apr 6, 2021 at 2:48 PM

    Comment #26

    Hopefully that’ll be his last game for us because he is bloody useless.

    0
  • Tackle from behind

    Apr 6, 2021 at 2:49 PM

    Comment #27

    G

    Best to just leave the politics out of the football – any new owner will have some stain on their background somewhere, the bigger the name, the bigger the stain.

    Like I said, The Dissident is a entirely a propaganda film.

    If they do take us over, and we sing “sack the board” one day, will they eliminate us?

    4
  • carltoon

    Apr 6, 2021 at 2:54 PM

    Comment #28

    Really as supporters, we have no say either way! Doesn’t matter who we want as is owners, if so could only have owners who we deserve. It would be the richest and the most ethical, but we live in the real world. What did we ever do to deserve what we have now.

    22
  • Lee Charnley Bunga Party

    Apr 6, 2021 at 2:59 PM

    Comment #29

    Who knows what new owners would be like all I know is we can’t keep doing this dance with Ashley I just want a professionally run setup for a change

    There are clubs overtaking us every season who would be nowhere near us if we were run properly

    Even if the Saudi’s or Palotta etc came in and ran us a proper business in which they need a return then I would be happy with that if they actually ran us properly with state of the art training, scouting etc

    The future of football is the owners who embrace all the statistical and tactical sides of the game like the Red Bull Owners or Brentford etc that’s how you compete if you don’t want to spend crazy money

    10
  • snowdone

    Apr 6, 2021 at 3:05 PM

    Comment #30

    For once Kets and I are on the same wavelength. I groaned again when Krafth was selected on Saturday. Lo and behold, his lack of ability at this level reared its ugly head again.
    The team against Burnley will give Bruce a headache! Surely, players who care like Ritchie, Murphy and Almiron will start. Wilson may be a sub. Joelinton has to show he’s not a one game wonder. Is ASM fit to start? Does Willock come in for Longstaff? Shelvey seems undroppable acc. to Bruce, but should be.

    3
  • Assassins Inc

    Apr 6, 2021 at 3:10 PM

    Comment #31

    Perfect timing from Ashley, I don’t think this has ever happened before, wow it’s exciting this is the very first time we are getting sold.
    Thanks Mr Ashley for seeing the future of the club we love, thanks for knowing you have done your very best to make our club a contender.
    Yes Mike, this is what you hope we will say, hopefully we can get a new sponsor like Groundhog Milk or Groundhog Bet, anything with groundhog across the shirt.
    Get ready Ed, here it comes, we tried so hard to sign players and get the club sold but sadly once again we were not successful.

    4
  • Jail for Ashley

    Apr 6, 2021 at 3:14 PM

    Comment #32

    On Saudi ownership, nobody is kicking off about the F1, boxing etc etc.

    31
  • Jail for Ashley

    Apr 6, 2021 at 3:15 PM

    Comment #33

    Back on day shift as from now, hope I sleep OK tonight.

    2
  • Jail for Ashley

    Apr 6, 2021 at 3:17 PM

    Comment #34

    Adamn_92,
    That’s definitely one way to look at it.

    0
  • Jail for Ashley

    Apr 6, 2021 at 3:18 PM

    Comment #35

    “While Ashley is still reportedly desperate to sell Newcastle”
    So desperate it’s taken 13 years and it’s still not sold.

    12
  • Bills Son Is Back

    Apr 6, 2021 at 3:27 PM

    Comment #36

    Adamn_92 @19

    Good points.

    I did hear Hayden say Lascelles was deceptively fast although I think like many big guys of his build he is slow to turn which takes away the pace especially in a one on one.

    But as long as Dummett is in your back three either at CB or left side I’m in agreement 🙂

    3
  • Ketsbaia9

    Apr 6, 2021 at 3:32 PM

    Comment #37

    Sean Longstaff shouldn’t be in the team. Poor player. We’ll probably play better now Hayden isn’t in the team. He was the main weak-link.

    1
  • Mund

    Apr 6, 2021 at 3:37 PM

    Comment #38

    carltoon, spot on @28

    4
  • Unused Substitute

    Apr 6, 2021 at 3:45 PM

    Comment #39

    Bills: I think Krafth should not come anywhere near the starting eleven. Also, we need to neutralize Burnley’s wing play like Southampton the other night.

    0
  • Ketsbaia9

    Apr 6, 2021 at 3:47 PM

    Comment #40

    God knows why we signed him. Yedlin was miles better.

    2
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